ES Journal - 2019/2020

[schizo]

Triple top at 2947 HOD level today spelled doom for the longs. Straight down from there.

Geez thanks for that hindsight analysis

 

[schizo]

+7ish

Flip long 36.75

Out 36.25

 

[syswizard]

Out 36.25

Good cover given the PA at the time.
Note: The market just loved the 2929 level this afternoon.....was hit 4 times....and bounced.

 

[hafez50]

Fb up $25 ah,Msft skied, Tsla who barely made any money up $40. Massive mania in tech stocks continues . 22% of the total stock mkt cap in 5 stocks . wow

 

[Buy1Sell2]

Please show me the triple top----

The chart below shows the Izzy Bottom thru to today's action

 

[nillionaire]

Triple top at 2947 HOD level today spelled doom for the longs. Straight down from there.

The doom only lasted 10 minutes haha.

Does this feel like a blowoff top in the making to anyone? Rallies are getting fiercer and the few pullbacks we have are lasting very short amounts of time.

 

[SPYgrain]

The doom only lasted 10 minutes haha.

Does this feel like a blowoff top in the making to anyone? Rallies are getting fiercer and the few pullbacks we have are lasting very short amounts of time.

Does not feel like a blowoff...Feels like a 5th wave up from 4/21 low, targeting 3177 (1st & 3rd legs both 460 points)

 

[hafez50]

Does not feel like a blowoff...Feels like a 5th wave up from 4/21 low, targeting 3177 (1st & 3rd legs both 460 points)

Lol Hell why not just target 3400? 3177 is a 50% move in 6 weeks . 10 yrs of gains in 6 weeks . The mkt makes all do what it wants . It makes one believe. The tech stocks are making all believe they can run to infinity .

 

[schizo]

Lol Hell why not just target 3400? 3177 is a 50% move in 6 weeks . 10 yrs of gains in 6 weeks . The mkt makes all do what it wants . It makes one believe. The tech stocks are making all believe they can run to infinity .

Don't you get it? THIS TIME IT'S DIFFERENT!

The four most dangerous words in trading are: “This time it’s different.”
—Sir John Templeton

 

[NQurious]

ES Targets for this leg of the rally 2925.25 (real close) and if it has the audacity to keep going, 2937.75 and then 2958 ... in any event, the SPX should reach 2930 at a minimum barring a pre-open collapse.

Took from 9 AM until now, but it finally got there.